Sysnet Global Solutions completed the acquisition of Managed Compliance Solutions division of Thompson Street-backed ControlScan.

Sysnet Global Solutions, a provider of cyber security and compliance solutions for SMBs, completed the acquisition of Managed Compliance Solutions division of Thompson Street-backed ControlScan, a provider of payment card industry compliance solutions. Financial terms were not disclosed. “Sysnet and ControlScan MCS have consistently demonstrated market leadership and innovation in helping SMBs protect their business with strong payment security. Incorporating ControlScan MCS into Sysnet will deliver high-impact results to merchant service providers and their SMBs, as well as to the payments industry as a whole. Our team is excited to join forces with Sysnet and maximise our innovative spirit. Together, we will be well-positioned to drive growth as the global leader in compliance and security," Matt Loos, ControlScan Executive Vice President.